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The dollar recorded more losses after the US inflation data

Summary by Reuters
LONDON - The dollar recorded further losses against other major currencies on Thursday after traders reduced their bets that the Federal Reserve (US Central Bank) will raise interest rates strongly after weaker than expected US inflation data the previous day. The dollar index, which measures the performance of the greenback against a currency basket, remained low in the early hours of European trading after recording greater

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ilgiornale.it broke the news in Italy on Thursday, August 11, 2022.
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